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News Insight & Analysis

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China Morning Snapshot – 19 May 2025
19 May 2025 The bullish sentiment observed in the latter half of last week has failed to carry through into the new trading week. Market participants largely adopted a wait-and-see stance
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15 May 2025

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Shenhua Auction: Discounted LLDPE Prices Draw Interest Amid Weakened Market Sentiment

The more attractive price level managed to stimulate some buying interest despite the overall muted market sentiment.
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15 May 2025

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Shandong Yulong Auction: Sentiment Eases, Resistance Surfaces Amid Higher Auction Prices

In contrast, linear low-density polyethylene (LLDPE) film continued to attract strong buying interest, with all auctioned quantities fully sold, despite higher prices than yesterday.
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15 May 2025

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Dalian Commodity Exchange: 15 May 2025

The 2505 for May 2025 delivery contract on Dalian Commodity Exchange on 15 May 2025 settled as follows:
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15 May 2025

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China Morning Snapshot – 15 May 2025

Local PP prices remained mostly stable from the previous day, while sellers of LLDPE, buoyed by strong deals yesterday, attempted price hikes of up to CNY100/ton ($14/ton) today.
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14 May 2025

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Shenhua Auction: Strong sell-through despite price hikes amid renewed market optimism

Notably, these results came despite moderate upward price adjustments for both homo-PP and LLDPE compared to the preceding session—suggesting that the market is gaining confidence in a broader recovery.
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14 May 2025

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Shandong Yulong Auction: Robust market sentiment drives full sell-out of PP and PE cargoes

In a marked shift from recent sessions, Shandong Yulong achieved a full sell-out of all PP and PE cargoes listed on its auction platform this morning, reflecting a sharp rebound in buying sentiment.
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14 May 2025 SPVC k67-68

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June Jitters: Asian PVC market weighs tariff relief and demand uncertainty

While initial expectations had leaned towards price reductions, sentiment has shifted, buoyed by optimism over a temporary tariff truce and rising freight costs.
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